Cannae (NYSE:CNNE) Releases Quarterly Earnings Results, Misses Estimates By $1.55 EPS

Cannae (NYSE:CNNE) issued its earnings results on Monday. The company reported ($1.93) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.38) by ($1.55), Zacks reports. The company had revenue of $103.30 million for the quarter, compared to the consensus estimate of $102.70 million. Cannae had a negative return on equity of 23.16% and a negative net margin of 108.39%.Cannae’s revenue was down 6.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.74) EPS.

Here are the key takeaways from Cannae’s conference call:

• $630 million in proceeds from the sale of Dun & Bradstreet to Clearlake materially improved Cannae’s liquidity position.
• The board returned significant capital—repurchasing $323 million of stock (~17.4M shares, ~28% outstanding) and raising the quarterly dividend 25% to $0.15—supporting shareholder value.
• Management announced a strategic pivot to concentrate the portfolio on sports and entertainment, and is exploring monetizations of non‑strategic assets (including strategic alternatives for the restaurant group) to redeploy capital.
• Full‑year operating loss widened to $119 million, driven by non‑cash impairments (notably Alight goodwill write‑offs) and restaurant‑related charges, which pressured results below the operating line.
• Progress at Black Knight Football Club—strong on‑field performance across clubs, planned stadium expansions (phase one by 2026‑27, phase two by 2027‑28), and acquisition of the remaining 60% of FC Lorient for ~€60 million—supports long‑term asset value upside.

Cannae Stock Down 4.0%

NYSE:CNNE opened at $12.68 on Tuesday. The company has a market cap of $624.77 million, a price-to-earnings ratio of -1.64 and a beta of 1.09. Cannae has a twelve month low of $12.65 and a twelve month high of $21.96. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.05. The stock has a fifty day simple moving average of $15.08 and a 200-day simple moving average of $16.86.

Cannae Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, March 17th. This represents a $0.60 dividend on an annualized basis and a yield of 4.7%. Cannae’s payout ratio is presently -7.76%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CNNE. Royal Bank Of Canada cut their price objective on Cannae from $22.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, November 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cannae in a report on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $20.50.

Hedge Funds Weigh In On Cannae

Several institutional investors have recently bought and sold shares of CNNE. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Cannae during the fourth quarter worth about $299,000. XTX Topco Ltd purchased a new stake in Cannae in the fourth quarter valued at $2,362,000. VARCOV Co. acquired a new stake in Cannae during the fourth quarter worth about $533,000. Saba Capital Management L.P. increased its holdings in shares of Cannae by 23.3% during the 4th quarter. Saba Capital Management L.P. now owns 1,714,994 shares of the company’s stock valued at $26,977,000 after purchasing an additional 323,531 shares in the last quarter. Finally, Man Group plc boosted its holdings in Cannae by 11.3% during the fourth quarter. Man Group plc now owns 512,577 shares of the company’s stock worth $8,063,000 after buying an additional 52,209 shares in the last quarter. 88.12% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Cannae

Here are the key news stories impacting Cannae this week:

• Positive Sentiment: Cannae announced a quarterly cash dividend of $0.15 per share (annualized yield ~4.7%), payable March 31 to holders of record March 17 — a near-term income return that can support the share price floor and attract income-focused investors. Cannae outlines accelerated portfolio transformation and 80% stadium capacity expansion, prioritizing sports and entertainment assets
• Positive Sentiment: Management outlined an accelerated portfolio transformation and a strategic focus on sports & entertainment assets (including plans tied to stadium capacity expansion). If executed, this could re‑rate parts of the portfolio toward higher-growth, event-driven cash flows. Cannae outlines accelerated portfolio transformation and 80% stadium capacity expansion, prioritizing sports and entertainment assets
• Neutral Sentiment: Company posted FY‑end and Q4 2025 financial results and made the shareholder letter and materials available on its website; formal filings and the conference call provide management’s roadmap but contain limited near-term cash‑flow upside beyond the dividend. Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Earnings call transcript and highlights detail management’s rationale for portfolio moves and cost/operational actions; these provide color but don’t yet change the reported near-term earnings trajectory. Investors should read the transcript for timing and execution details. Cannae Holdings, Inc. (CNNE) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 results showed a sharp EPS miss: reported ($1.93) vs. consensus ($0.38), with revenue down ~6% YoY and very weak margins (negative net margin and ROE). The magnitude of the miss and continued losses likely drove the share decline as investors reassess near-term profitability and the pace of any turnaround. Cannae Holdings Inc (CNNE) Q4 2025 Earnings Call Highlights: Strategic Shifts Amid Revenue Decline

About Cannae

Cannae Holdings, Inc (NYSE: CNNE) is a publicly traded diversified holding company that focuses on partnering with and investing in businesses across a range of industry sectors. The company seeks to identify attractive opportunities in both private and public markets, leveraging its capital resources and management expertise to support operational growth and value creation. Cannae’s investment strategy emphasizes companies in data and analytics, marketing services, healthcare technology, and payment processing.

Through its portfolio, Cannae holds controlling or significant minority stakes in companies that provide critical software, data and services to corporate clients.